Ahuza 53 in Raanana

Name: 📣 300$ — discount certificate
Start: 2020-04-29T08:31:17.877220+00:00
End: 2023-12-31T23:59:59+0000
Location: Ahuza 53

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Project info

Object ID: 6925

Finished at	September 2022
Price, m²	From 7100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	23
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

213,000$

Net profit

5,906$

Payback period

26.3 years

Avg property value increase per year

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About the project

The project is within walking distance of everything the city of Raanana has to offer - cafes, restaurants, Yad Labanim, arts and education centers, Raanana Municipality, banks, synagogues and more.

The project has exceptional accessibility to urban and intercity public transport. You can get off the apartment and enjoy walking on the well-maintained streets of Raanana, and cycling is of course recommended. The apartments at the front have an amazing key of northbound airflow due to the wide route of Ahuza Street. The apartments in the back of the house have a lovely view to the south towards a low-rise, mostly land-bound building. The high floors enjoy distant horizons. The apartments have a premium specification and the building has the best building materials today. All apartments have a high ceiling (c. 2.90 m !!), green construction and a carefully maintained privacy between the apartments.

This is not our first project on Ahuza Street - so we know that the demand here is huge for both adults looking to make all arrangements on foot, both for young couples wanting a great start (3 bedroom apartments) and for investors - for their convenient pricing and location. (Recently, quite a few AIRBNB apartments appear in an area that enjoys high demand from non-residents * who visit their relatives, both traditional and secular observers). * In Raanana a significant population of French, South Africans, English and more.

Developer

Kedar Buildings is a family-owned company and as such it considers each of its occupants a part of the family. The company's obligations are…
Details about Kedar Buildings